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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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Oct 10, 2012
10/12
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if you look a that looming debt and deficit, as far as the eye can see, i think we a realize that in negotiated settlement is going to have to be reached. we have a spending problem in washington. we are cutting as much an even more bad, but at some point i think we are going to realize that the revenues areoing to need to us match the -- to come up a bid to match -- neil: some revenues and taxes in that equation. >> of eliminating some of the loopholes and special interests were government is forging the behaor and punishing bad behavior, is that we want to do? no. i think we can simplify and make it fair. by that we would give greater revenues. >> it sounds like it does commission point of view. enough of us know we have to pony up and get over ourselves and so the bg problems. neil: whenever you do or a la-duck session does, we won't be here deember 301st. >> is heavilyope not. i think that leads -- we already have uncertainty. this brings more. lack of faith. possible downgrade. i don't hink we consummate that and i don't think we should. we at least but to next year and figure o
if you look a that looming debt and deficit, as far as the eye can see, i think we a realize that in negotiated settlement is going to have to be reached. we have a spending problem in washington. we are cutting as much an even more bad, but at some point i think we are going to realize that the revenues areoing to need to us match the -- to come up a bid to match -- neil: some revenues and taxes in that equation. >> of eliminating some of the loopholes and special interests were...
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Oct 12, 2012
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopho
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you...
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Oct 12, 2012
10/12
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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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Oct 10, 2012
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-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that's more importa
-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax...
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Oct 10, 2012
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. >>> i just find it troubling that the president's message -- the president's focus -- 28 days from election day is big bird. >> these a
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts to put the number in sper perspective. here's more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is...
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. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because you see i'm focused on helping the american people get good jobs. >> reporter: sesame's street now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks in to whether the u.s. was warned of the deadly libya attack. >> twice in the six month lead up, you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings of trouble now for president obama, romney's closing the gap. the latest polls, reuters has them tied. gallup has romney up by two. pew has him up by four. and we were talking about the polls in the balgtd ground sta
. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because...
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Oct 12, 2012
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it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go on our website. he sent me two letters saying, by the way, can you send me stimulus money for companies here in the state of wisconsin? we sent millions of dollars. >> you did ask for stimulus money? >> on two oaks we advocated for constituents who were applying for grants. that's what we do. we do that for all constituents. >> i love that. i love that. >> i love that, too. once again, obstructionist republicans opposing policies that they actually support and know will be valuable for americans. >> the romney team had a bit of an issue this week, romney had a multiple choice situa
it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go...
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Oct 12, 2012
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CNN
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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Oct 10, 2012
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mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president talk about big bird and have the first lady do it instead. >> okay. hogan, let's jump ahead to tomorrow night. appreciate sewer truly on for vice president joe biden to deliver the debate in kentucky, same quote. team baerm needs a strong performance from biden to make up for last week and change the subject. another bad outing by a member of the ticket and democratic hand wringing could turn into full-fledged panic. is the shoe on the other foot now with president obama being the underdog, team romney, was panicking? certainly before l
mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president...
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Oct 9, 2012
10/12
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everything from leprosy to the deficit? >> i think that's his you view. >> so that was a fair interaction. >> one of the problems we have is sort of the jumpiness. andrew sullivan finds a poll, freaks out, and you kind of got to tell him to fall back, and i saw at least on buzz feed they originally ran with the big headline that ryan stormed out of this interview and then people said, well, he ended it early. you get caught up on those kerfuffles. it's a clear illustration of his view. i don't think he was out of line in the way he answered the question. he pointed only to charities to solve these problems. there's reames of research that shows local charities do great work but they cannot conquer the kind of issue that is were on the table there. >> i don't know, to that point, the specific elements of the ryan budget as voted through the house for the fiscal period up to 2013 actually would eviscerate pell grants, kill support of -- whas it called safe start -- head start, and all these provithss for people in low income
everything from leprosy to the deficit? >> i think that's his you view. >> so that was a fair interaction. >> one of the problems we have is sort of the jumpiness. andrew sullivan finds a poll, freaks out, and you kind of got to tell him to fall back, and i saw at least on buzz feed they originally ran with the big headline that ryan stormed out of this interview and then people said, well, he ended it early. you get caught up on those kerfuffles. it's a clear illustration of...
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Oct 8, 2012
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john boehner is rowlowering expectations saying the deficit deal probably won't happen when congress returns after the election. it's not called lame duck for nothing. but surprising absolutely no one, everyone will wait to see how who the president will be, who's sitting in the oval office. >> yeah. look, the only reason -- well, two reasons you think this whole fiscal mess gets solved in this period is, one, because they have rather large, looming deadlines like the markets wanted it to happen and tax rates will go up and defense cuts mitt romney thinks are intentional -- never mind. is other reason the such difficult decisions they want to blame it on the old congress. whoever is president, that will still will true. i say the deal gets done. if not the whole thing sh it's because people think if you go beyond the deadline. tax rates go up for a week or two they will get a better deal. who knows? >> if you want to get a vote out of people they are worried about casting to lose office and they have already lost. >> blame the other people. >> do you know where there is bipartisanshi
john boehner is rowlowering expectations saying the deficit deal probably won't happen when congress returns after the election. it's not called lame duck for nothing. but surprising absolutely no one, everyone will wait to see how who the president will be, who's sitting in the oval office. >> yeah. look, the only reason -- well, two reasons you think this whole fiscal mess gets solved in this period is, one, because they have rather large, looming deadlines like the markets wanted it to...
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the first team in major league history to come back from a deficit by winning three consecutive games on the road. it's what san francisco did to win this series. they haven't won a home playoff game in 17 years. the front page of the san francisco chronicle showing san francisco celebrating. they move on to get the winner of the nats/cardinal playoff game. hammel going against cc sabathia and then the nationals and the cardinals. washington likes their chances with him on the mound. nfl, thursday night football, steelers on the road in music city. taking on the titans. first quarter, purposing from 22. it's not good. titans eventually recovered near the goal line. it led to a tennessee touchdown. four seconds left. score tied at 23. good from 40 yards out. the party is on in nashville. titans win the section of the season. steelers drop to 2-3 losing their third consecutive. >>> coming up at the top of the hour, joe biden and paul ryan get together for their one and only debate serving as proxies for the president and mitt romney. how did ryan do? we'll knock that around with our "mo
the first team in major league history to come back from a deficit by winning three consecutive games on the road. it's what san francisco did to win this series. they haven't won a home playoff game in 17 years. the front page of the san francisco chronicle showing san francisco celebrating. they move on to get the winner of the nats/cardinal playoff game. hammel going against cc sabathia and then the nationals and the cardinals. washington likes their chances with him on the mound. nfl,...
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said he would cut funding to the public broadcasting service in order to help reduce the country's deficit. now the obama camp released a new tongue and cheek ad casting the star as a criminal mastermind. will it be infective? take a look and decide for yourself. >> i'm barack obama and i approve this message. >> bernie madoff, ken lay, gluttons of greed. and the man who towered over him. one man who has the guts to speak his name. >> big bird. >> big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stopt subsidy to pbs. >> mitt romney taking on enemies no matter where they nest. >> with the presidential election four weeks away, there is new polling out. it shows the race between president obama and mitt romney closer than ever. tracie potts has more on that from washington. good morning. >> lynn, good morning. mitt romney is going to iowa today to a family farm before heading off to ohio where we'll hear his repeat his new campaign line. mitt romney has a new campaign line today. >> hope is
said he would cut funding to the public broadcasting service in order to help reduce the country's deficit. now the obama camp released a new tongue and cheek ad casting the star as a criminal mastermind. will it be infective? take a look and decide for yourself. >> i'm barack obama and i approve this message. >> bernie madoff, ken lay, gluttons of greed. and the man who towered over him. one man who has the guts to speak his name. >> big bird. >> big bird. >> big,...
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Oct 11, 2012
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he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when republicans have put obstacles up to getting the bills passed. >> why didn't the president fully embrace simpson-bowles when he had the opportunity? he patteded them on the back and said thank you. >> he took much of what was in simpson bowls and create ten-year $4 trillion reduction plan much of what you saw in simpson-bowles -- >> he missed the moment. there was a moment when something might have been accomplished. >> remember, he said, i'm going to take the idea of reducing the deficit by $4 trillion and show you what i would do and he presented that and he ga
he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when...
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think in the republican world they think the spending side is easiest place to go to try and close the deficit. >> it isn't. what's occurring in my campaign there's a slogan we're going to have a balance budget that takes many town to 18% gdp and would savage everything people care about. so you've got to come in with the most controversial ones. that's again why the two most important and largest programs are controversialal to get after social security and medicare. when you're dealing with things that are controversialal that can be demagog, it's terribly important to start off with both a republican and a democrat on board who are willing to stay the course against often times opposition in your party. >> you're running against one of those spending cuts republicans who really wants to slash the budge fet, but is a beneficiary herself of the agriculture programs which was one of the biggest programs in nebraska. >> well, that's true. what i'm saying in this one is that the simple slogan balancing budget through a constitutional amendment isn't going to get the job done. it's going to take
think in the republican world they think the spending side is easiest place to go to try and close the deficit. >> it isn't. what's occurring in my campaign there's a slogan we're going to have a balance budget that takes many town to 18% gdp and would savage everything people care about. so you've got to come in with the most controversial ones. that's again why the two most important and largest programs are controversialal to get after social security and medicare. when you're dealing...
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Oct 10, 2012
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but paul ryan is just a terrible deficit for the ticket. the other thing is it is a base election. when we get to this point when we're looking at likely voters, ours are less likely to turn out. they are the young, they are the disadvantaged, they are the new citizens who haven't made a habit of voting. if we see an electorate like in 2008, barack obama wins. if we saw the one from 2010, he loses. so we talk about the independent swing voters all the time but think this is coming back down to the base for both sides. >> i think the obama team has been brilliant on the basics throughout all of this. but one of the basics they can't get away from is the 47% video. i think that is who mitt romney is. and i don't think they can allow him to escape these comments. he said these comments behind closed doors to people he needed their support and money and it's just a condemnation of who he is. then of course, he supports the ryan plan. great to have both of you with us tonight. two of the best, no question about it. thanks for being on "the ed show." remember to answer tonight's question
but paul ryan is just a terrible deficit for the ticket. the other thing is it is a base election. when we get to this point when we're looking at likely voters, ours are less likely to turn out. they are the young, they are the disadvantaged, they are the new citizens who haven't made a habit of voting. if we see an electorate like in 2008, barack obama wins. if we saw the one from 2010, he loses. so we talk about the independent swing voters all the time but think this is coming back down to...
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Oct 12, 2012
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he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed as this great economist, this great numbers thinker. >> michael, ryan still had no answer, as joan said shall as to how he'd pay for a 20% across the board tax cut. martha raddatz asked at least twice. mike, have you ever heard a politician make such a promise to the electorate yet not even try, not even attempt to provide one detail when asked? >> well, here is what the campaign will say and here is what ryan wasn't saying explicitly on that stage because it's a hard thing to argue. it's that they believe that if you give this sort of tax cut, there will be economic
he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed...
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you have a theory that you try and fix things in the economy, get a more efficient tax code, get the deficit down over time. that that will help you. when you give them truth serum, you're talk and you off the record, the disruption might be tough for the first few months. but they would argue that the longer term, since we're on the right track would be worth it. that's not an argument you see in the debates. it's not the way the argument gets framed. but that's the core ideological dispute in the election. >> on the other side that's been surprising is president obama, they don't talk about their big idea on the jobs. they don't talk about the jobs act. they didn't bring it up in the debates. why do you think that is? because that is a big responsive, a big idea on jobs here. >> there's a great new book called the "new new deal" about the stimulus that came out in 2009 and was almost $8 hundred billion saying it was a great success. it did a lot of things to help this recession from being worse. it's something that the president's political advisers, they do the polling. it does not resona
you have a theory that you try and fix things in the economy, get a more efficient tax code, get the deficit down over time. that that will help you. when you give them truth serum, you're talk and you off the record, the disruption might be tough for the first few months. but they would argue that the longer term, since we're on the right track would be worth it. that's not an argument you see in the debates. it's not the way the argument gets framed. but that's the core ideological dispute in...
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Oct 8, 2012
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trillion, you're not going to tell us one loophole you'd close, you're not going to run up the deficit or taxes on the middle class. >> very quickly -- >> no, no. it goes back to bill clinton. >> there was a story out yesterday that that claim is fiction because you don't count the loophole closing. >> what loophole? >> he talked about mortgage interest. really quickly -- >> mortgage interest? >> he has never talked about mortgage interest. >> the hilarity that there is one -- >> we have one loophole. >> mike, finish, but then i want to get on to something else. >> the president says he wants to lower tax cuts to big corporations. how to pay for it? loopholes. what loopholes? nothing. we'll tell you after the election. you're attacking romney for the same thing. >> i want to talk about the gas prices. one thing that was striking, speaker gingrich, is what some were arguing about the actual numbers. jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation.
trillion, you're not going to tell us one loophole you'd close, you're not going to run up the deficit or taxes on the middle class. >> very quickly -- >> no, no. it goes back to bill clinton. >> there was a story out yesterday that that claim is fiction because you don't count the loophole closing. >> what loophole? >> he talked about mortgage interest. really quickly -- >> mortgage interest? >> he has never talked about mortgage interest. >> the...
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you either explode the deficit. raise the middle class tax cuts, something has to give. >> something has to give and we just heard mike say that maybe the thing that gives is mortgage interest deductions. the single most important thing to middle class american families. and that's going to be and we'll get to this later. that's going to be a challenge for paul ryan. i think that what we have experiencing right now and we just said it, is that this sort of style over substance is, is, i don't think going to overtake this race. i think you have a president who was trying to move the facts out. was facing a guy who, who he hadn't seen before. either mitt romney is completely faking everything he said, or he is, is a liar. so -- either way. >> when you see the style over substance, it shouldn't matter. the truth is optics are important. >> look, style -- >> ask richard nixon, the president in 1960. >> i do think in fairness, it is fair for the american people, to want to see their president fight for them. and the bara
you either explode the deficit. raise the middle class tax cuts, something has to give. >> something has to give and we just heard mike say that maybe the thing that gives is mortgage interest deductions. the single most important thing to middle class american families. and that's going to be and we'll get to this later. that's going to be a challenge for paul ryan. i think that what we have experiencing right now and we just said it, is that this sort of style over substance is, is, i...
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Oct 13, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-255
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our...
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Oct 14, 2012
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this week, that deficit is $1.1 trillion and it happened on his watch. he has to answer for that. >> david, we have now had two debates with the vice president and president where mitt romney and his running mate have said that they will not put new revenue on the table. one thing that might have come out in the debate between romney and obama was that mitt romney stood by his raising of the hand where he said he wouldn't take 10 cuts for one new measure of revenue. paul ryan said the exact same thing. >> well, that is a fact. they are not willing to raise rev view as far as we know except for broadening the base, dealing with some elimination of deductions, but nobody wants to cross that rubicon of raising new revenue. >> but there's a difference between raising revenue and raising taxes, isn't there? john f. kennedy cut taxes and raised revenue because of a growing economy. the word that democrats don't seem to understand is growth. which is what the country is looking for, growth in jobs. two very different philosophies. it's like a house. and i think
this week, that deficit is $1.1 trillion and it happened on his watch. he has to answer for that. >> david, we have now had two debates with the vice president and president where mitt romney and his running mate have said that they will not put new revenue on the table. one thing that might have come out in the debate between romney and obama was that mitt romney stood by his raising of the hand where he said he wouldn't take 10 cuts for one new measure of revenue. paul ryan said the...
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Oct 10, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> mitt romney is trying to close the gender gap before the election, but meryl streep is trying to stop him. and mitt romney is now afraid of answering questions from kids. the kids on nickelodeon. something that john mccain and barack obama did. why is mitt so afraid of the kids? with the spark cash card from capital one, sven's home security gets the most rewards of any small business credit card! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. starts with arthritis pain and a choice.
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> mitt romney is trying to close the gender gap before the election, but meryl streep is trying to stop him. and mitt romney is now afraid of answering questions from kids. the kids on nickelodeon. something that john mccain and barack obama did. why is mitt so afraid of the kids? with the spark cash card...
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Oct 11, 2012
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about abortion, reproductive rights, they care about issues around the economy, around jobs, around deficit, around education. that's how they are making their case to women. >> well, it's interesting, governor romney was asked again in ohio yesterday to clarify his stance. let me play his latest response. >> i think i've said time and again, i'm a pro life candidate and i'll be a pro life candidate. the actions i'll take immediately will be to remove funding for planned parenthood. >> so, mark, that comment comes after several articles pointed out that conservative women organization, particularly susan b. anthony, have basically put out a letter calling out governor romney on his pledge to fight for legislation that is favorable to where they stand on the battle for abortion. >> tamron, we did see from governor romney a market shift in tone in his comments to the des moines register. >> is it being too kind to say a shift in tone? >> that is the way you look at it. he was talking about legislation before him. clearly that is something he wouldn't have said during the republican primary se
about abortion, reproductive rights, they care about issues around the economy, around jobs, around deficit, around education. that's how they are making their case to women. >> well, it's interesting, governor romney was asked again in ohio yesterday to clarify his stance. let me play his latest response. >> i think i've said time and again, i'm a pro life candidate and i'll be a pro life candidate. the actions i'll take immediately will be to remove funding for planned parenthood....
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no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today. followed by the nats and cards at 4:00. yankees and close it out against the os and tigers and as all or nothing for those two teams in oakland tonight. >>> well in cycling, the legacy of lance armstrong took another substantial hit yesterday. the u.s. anti-doping agency released 1,000 pages of what it called overwhelming evidence against armstrong and his former cycling team regarding doping charges. 11 of armstrong's former teammates testified against him claiming armstrong not only participated himself in doping but demanded his teammates follow his lead or leave the team. ceo
no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today....
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Oct 6, 2012
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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Oct 9, 2012
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of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're going to lower the top rate. in the presidential campaign, the president's campaigning on letting the rate on the highest income people go back to where it was in the clinton years, that makes sense. now some republicans are saying yeah, we may have to do that. that's the way to get a deal done. instead of the kind of gridlock we've had so far. >> now, one of the other issues is the fiscal cliff and the gang of eight
of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my...
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Oct 12, 2012
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i asked more questions like why was it with a trillion dollar deficit, he found it in his -- in his heart to put $90 billion into green energy companies that in many cases were contributors to his campaign. at least the owners of those businesses were. and why was it with what he had promised during his campaign, that health insurance premiums he would bring down by $2,500 a year, instead they went up by $2,500 a year. you know, i know we've heard his answers over the campaign. had he says look you can't fix washington from the inside, only do it from the outside. we're going to give him that chance, all right. >> that was mitt romney at a rally in richmond, virginia, karen finney some sharp words. >> not unexpected. >> not unexpected at all. >> i'll start first with benghazi, which we didn't talk about earlier and which we will talk about now. mitt romney clearly sees an opening here, foreign policy wise to hit the president. said that president is doubling down on denial in his remarks just a moment ago. let's talk about how the vice president handled that last night. let's play actuall
i asked more questions like why was it with a trillion dollar deficit, he found it in his -- in his heart to put $90 billion into green energy companies that in many cases were contributors to his campaign. at least the owners of those businesses were. and why was it with what he had promised during his campaign, that health insurance premiums he would bring down by $2,500 a year, instead they went up by $2,500 a year. you know, i know we've heard his answers over the campaign. had he says look...
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Oct 14, 2012
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washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is john browne he believes they do not deserve the award. we also have the opposing view. richard, i will read the review of the european union for over six decades continue to the event apiece and reconciliation and human-rights in europe. why do you think they chose the e.u.? >> first, you and i are young but if you look back 70 years they only had the balkans war. europe has been saved and pay it -- peaceful. is a little aspiration all. that the european union do more. >> should you have the economies that were also? >> piece was insured by nato and the deterrent combined with the united kingdom i
washington has run four straight years of trillion dollar deficit he has not cut the deficit in half of the was an office the gap between the revenue it took in 2.5 trillion of taxes but spent 3.5 trillion it is now going to hit the limit before the year is out. the each of $51,000. debt ceiling debate anybody? look at those numbers. of the nobel peace prize has done it again. nonether than the european union. despite the debt crisis and poor fostering peace and democracy. joining me now is...
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. >> my suspicion is this is true on the deficit. people toll pollsters are worried about the deficit. it's a stand in for, you know, a bad economy or moral degrade asian or whatever it is. i refuse to think many people are showing up on tuesday. >> a lot of times pollsters ask, do you feel strongly about that or not strongly? the problem is they don't know what to do with it. what they do is combine the not strong and the strong and treat them as though they are equal degrees. now, it is a very difficult, i think philosophical opinion or approach or problem to try to differentiate an opinion that matters versus top of the mind. one of the ways we did it, we said, if you supported the bailout, we say how upset would you be if we hadn't supported it, not very upset. >> that's a good question. >> it's a way to find out your opinion is not one you want to represent because you didn't care. >> we should say there's one place or places in which longitudinal studies are measured. gay marriage, for instance. we have a long data set on peopl
. >> my suspicion is this is true on the deficit. people toll pollsters are worried about the deficit. it's a stand in for, you know, a bad economy or moral degrade asian or whatever it is. i refuse to think many people are showing up on tuesday. >> a lot of times pollsters ask, do you feel strongly about that or not strongly? the problem is they don't know what to do with it. what they do is combine the not strong and the strong and treat them as though they are equal degrees. now,...
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Oct 11, 2012
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? [ male announcer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...the mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expenses if something happens to you. it's easy. we get to know you and your needs, then give you our best quote and our competitors'. you choose and save up to 70%. that could mean $250,000 of coverage for just $15 a month. we offer plans with no medical exam, and we've been in business for over 100 years. call fidelity life. ♪ or visit fidelitylife.com for your free quote. [ horn honks ] hey, honey. do we have life insurance? ♪ [ male announcer ] or visit fidelitylife.com to secure your family's future today. >>> tonight's debate will cover both dome
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? [ male announcer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...the mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance...
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Oct 9, 2012
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two states that had the biggest deficits predebate and that's where he is today to see if he can basically get those back. >> i thought what was interesting, we're starting to see obama hit more than one state in one day. >> i didn't know he was capable of that. >> if you look at iowa and you look at ohio, what romney could feel optimistic about is that although he hastrailed, there's still a conversation about the economy and national debt. despite the lower unm employment rates than nationally. i if the candidate performs the way he did in the debate in terms of explaining for himself what he wants to do he has a chance to make up ground because it is fertile territory for him. >> it's a matter of how he performs. >> and obama under performed his campaign at the debates, the question is can the campaign apparatus measure up to romney the candidate. and does romney the candidate stay the guy we saw on saturday night. >> just when we think we have a game changing moment that something else happens, and these polls showing a romney advantage, i still don't think we have polls showing whethe
two states that had the biggest deficits predebate and that's where he is today to see if he can basically get those back. >> i thought what was interesting, we're starting to see obama hit more than one state in one day. >> i didn't know he was capable of that. >> if you look at iowa and you look at ohio, what romney could feel optimistic about is that although he hastrailed, there's still a conversation about the economy and national debt. despite the lower unm employment...
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. >>> coming up, new polls out today show mitt romney with a double-digit deficit in his running mate's home state. we will give you the latest spread on that. >>> but first, which president obama is preparing to emerge at the next debate? we'll talk to his campaign's vice chairwoman, next. this is msnbc. >>> well, mitt romney is not backing off of his attacks of president obama's economic policies, no matter what the latest jobs report says. he told a florida crowd last night that the president is out of ideas and says wednesday's debate proved that. >> he got a chance to explain his jobs program. how he's going to create new jobs in america. did you hear what he had to say? i didn't either. i kept looking for a specific plan as to what he was going to do to create jobs. i heard more of the same, stimulus, hiring more government workers, raising taxes. those things don't create jobs, they cost jobs. >> joining me now is illinois democratic congresswoman jan schakowsky. she is also vice chair of the president's re-election campaign. and congressman, before i get to those jobs numbers, "
. >>> coming up, new polls out today show mitt romney with a double-digit deficit in his running mate's home state. we will give you the latest spread on that. >>> but first, which president obama is preparing to emerge at the next debate? we'll talk to his campaign's vice chairwoman, next. this is msnbc. >>> well, mitt romney is not backing off of his attacks of president obama's economic policies, no matter what the latest jobs report says. he told a florida crowd...
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Oct 13, 2012
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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and chris wallace started grilling him, a promise it will be deficit neutral and very vague promise it will be paid for. so chris wallace said as loop holes and deductions, that's sort of the key. and ryan basically said i don't have the time to get into all the math. >> now, now -- let me put you right there, steve. not joe biden, the vice president pacing him thursday night. he couldn't even get specifics there. the exchange between he and chris wallace on fox news. >> here's what we're saying -- >> we'll get to the deductions, but the cut in tax rates. >> it's lower -- >> how much does that cost? >> it's revenue neutral. >> it's not neutral unless you take away the deduction. i'll get to that in a second. lowering the tax rately difference. >> >> you haven't give me the math. >> well i don't have the time -- it would take me too long to go through all of the math. >> it would take me too long to explain the math. this is a fox news sank ore saying you haven't given me the math. if he can't deal with that on a friendly station, how will he go up against vice president joe biden? >> t
and chris wallace started grilling him, a promise it will be deficit neutral and very vague promise it will be paid for. so chris wallace said as loop holes and deductions, that's sort of the key. and ryan basically said i don't have the time to get into all the math. >> now, now -- let me put you right there, steve. not joe biden, the vice president pacing him thursday night. he couldn't even get specifics there. the exchange between he and chris wallace on fox news. >> here's what...